7, ELMWOOD CLOSE, WOODLEY, READING, RG5 3AL - £322,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 ELMWOOD CLOSE is a small detached house of 102m², built sometime between 2003 and 2006. It was last sold for £322,500 in January 2013, which was around 23% below the average January 2013 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

7 ELMWOOD CLOSE Sold Prices

Land registry data shows three sales for 7 ELMWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wokingham local authority area for the corresponding sale date. All of the three 7 ELMWOOD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 28 JAN	£322,500	£420,427	23% below HPI
2006 25 OCT	£305,000	£385,728	21% below HPI
2004 28 MAY	£290,000	£333,564	13% below HPI

7 ELMWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 7 ELMWOOD CLOSE sales between May 2004 and January 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 ELMWOOD CLOSE?

7 ELMWOOD CLOSE is 102m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% of detached houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses by size in Woodley, and where 7 ELMWOOD CLOSE lies on this distribution: 33% of detached houses are smaller than 7 ELMWOOD CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Woodley.

7 ELMWOOD CLOSE: Plot and Title Map

7 ELMWOOD CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 7 ELMWOOD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 ELMWOOD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 ELMWOOD CLOSE?

7 ELMWOOD CLOSE is located in WOODLEY, in the RG5 postcode district. The below map shows the position of No. 7 on ELMWOOD CLOSE.